Marvell Technology Inc
Nvidia tumbles, leading chip stocks lower
Jensen Huang, co-founder and CEO of Nvidia, displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference in San Jose, California, on March 18, 2024. David Paul Morris/Bloomberg via Getty Images Semiconductor stocks, led by Nvidia, fell Tuesday during an overall down day for the market. The S&P 500 slid by more than […]
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Stocks making the biggest moves midday: Intel, Elastic NV, MongoDB and more
Check out the companies making headlines in midday trading. Intel – The chipmaker jumped 8.5% on news that Intel is working with bankers to explore options to address weaknesses in its core business. Elastic NV – The stock plunged more than 27% after its fiscal second quarter revenue forecast missed Wall Street’s expectations. The artificial […]
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Stocks making the biggest moves premarket: CrowdStrike, Alibaba, Intel, Ulta Beauty and more
Check out the companies making headlines in premarket trading. CrowdStrike — Shares of the cloud security platform ticked up about 2% following an upgrade to buy from HSBC. Analyst Stephen Bersey asserted that “the bad news is behind us” on CrowdStrike stock regarding the mid-July outage tied to a software update. Lululemon — The athleisure […]
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Stocks making the biggest moves after hours: Ulta Beauty, Dell, Lululemon, MongoDB and more
Check out the companies making headlines in after-hours trading. Ulta Beauty — The beauty products retailer saw its shares fall nearly 7% after missing top and bottom line expectations in the second quarter . Ulta’s earnings came out at $5.30 per share, while analysts polled by LSEG expected $5.46 per share. Revenue was of $2.55 […]
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CNBC Daily Open: Everyone’s waiting for Nvidia
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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These are the stocks to play the next ‘bottleneck’ in AI, according to the pros
There’s been a lot of talk about artificial intelligence’s current phase: infrastructure building. That has obvious benefits for chipmakers such as Nvidia and hyperscalers like Amazon , Microsoft and Alphabet . Hyperscalers provide the massive cloud computing power needed for AI applications, and analysts have predicted the growing need for more data centers as they […]
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Stocks making the biggest moves midday: Gap, MongoDB, Dell Technologies and more
Check out the companies making headlines in midday trading: Dell Technologies — The software stock plunged 22% after executives cautioned that its gross margins could face more pressure in 2025. Lionsgate Studios — Shares rose 1% after Citi initiated coverage of the film studio at a buy rating. The bank cited Lionsgate’s decision to spin […]
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Stocks making the biggest moves premarket: Dell Technologies, Ulta Beauty, Ambarella, Gap and more
Check out the companies making headlines in premarket trading. Dell Technologies — Stock in the personal computer and technology company slid more than 16% after executives warned about further margin pressure ahead. The company posted a first-quarter earnings beat on the top and bottom line but forecast that its gross margin will pull back roughly […]
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Stocks making the biggest moves after hours: Dell Technologies, MongoDB, Zscaler, Gap and more
Check out the companies making headlines in extended trading. Zscaler — Shares surged nearly 15% after Zscaler topped third-quarter expectations on the top and bottom lines. The cloud security company posted adjusted quarterly earnings of 88 cents per share on revenue of $553 million. Analysts polled by LSEG had expected per-share earnings of 66 cents […]
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When Nvidia beats estimates, these 6 AI stocks are likely to increase
Six synthetic intelligence-associated stocks are likely to react positively to Nvidia ‘s quarterly results, in accordance to CNBC Professional examination. It comes forward of Nvidia’s very first-quarter earnings this 12 months, which will be released Wednesday right after the marketplace near. Five U.S.-listed stocks — Tremendous Micro Computer system , AMD , Marvell Technological innovation […]
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